Bonita Boezeman Joins the Board
Jul 29, 2010
ASX RELEASE - Thursday, 29 July 2010
- 22 YEARS TIME WARNER INCLUDING 12 YEARS AS MANAGING DIRECTOR OF TIME LIFE AUSTRALIA.
- 4 YEARS CHAIRMAN PAYPAL AUSTRALIA
The chairman of Manaccom Corporation Limited (ASX:MNL) is pleased to announce the appointment of Ms Bonita Boezeman AO to the board. As Deputy Chairman of NSW Lotteries for 14 years, Chairman of PayPal Australia Pty Ltd (subsidiary of Ebay Inc) and an extensive 22 year careers with Time Warner Inc in Europe, UK and Australia, Ms Boezeman brings a wealth of experience in marketing, retail, finance, strategy. direct to the consumer, and will assist Manaccom's lottery growth plans in Australia, USA and Europe. Ms Boezeman said "I am quite excited about sing my background of being born and working in the USA, and living and working as an International executive for the past 37 years in several countries, to potentially enhance the shareholder value of Manaccom." As well as being appointed a member of the board, Ms Boezeman has been appointed a member and Chairman of the Audit Committee. Ms Boezeman was formerly the Chairman of the Audit Committee for NSW Lotteries for many years. The current Board of Directors is as follows: Mr David Barwick Non-Executive Chairman Mr Mike Veverka Executive Director and CEO Mr Bill Lyne Non-Executive Director Ms Bonita Boezeman Non-Executive Director and Chairman of the Audit Committee
About Manaccom Manaccom is an innovative and successful online lottery business that has created the popular OzLotteries.com website. Thousands of Australians each day play their lucky numbers in their favourite lottery games using this safe, secure and innovative website based on technology that has been in development for over 10 years. Just as travel, accommodation and car sale have made successful transition to the internet, lotteries are also going through an online transition and customers are finding the benefits offered by www.ozlotteries.com to be a very convenient way to purchase their regular lottery tickets. Growth in Manaccom's lottery sales has gone from strength to strength rising from $25 million in 2008 to $42 million in 2009 and is on track to reach $60 million in 2010. This is driven by continuos website improvements in addition to various marketing initiatives such as the co-branded partnerships with ninemsn since 2008. As well as continuing growth in Australia, the company is actively pursuing opportunities overseas, in particular the $60 billion US market and the $110 billion UK and European markets.
For further information: Mike Veverka CEO and Executive Director Ph: 07 3831 3705